326: How to Build a Simple Sourcing Governance Process to Align Procurement Impact with Business Needs

When it comes to governance during the sourcing process, your experience probably matches one of the following two scenarios: You have a strict 7 or 8 step process, and at the end of each step you have to get an approval of some sort to move to the next.   You have an approval council that wants to see proof that you checked every single box during the sourcing process.   What do these scenarios have in common? They are burdensome, create mountains of paperwork, and really slow down the process. No wonder stakeholders want to bypass procurement altogether. In this podcast, AOP Founder and Host Philip Ideson shares his easy 2-step governance process, one that he created when he was an Indirect Sourcing Manager earlier in his career. This process - and the templates required to carry it out - are part of one of the AOP Mastermind mini-courses that you member companies will be able to access on July 1st,.